1505 CATHERINE STREET, ORLANDO, FL 32801

Description of 1505 CATHERINE STREET, ORLANDO, FL 32801

A rare multi-family home and exceptional quadplex investment opportunity located in Downtown Orlando's highly sought-after Lake Davis-Greenwood neighborhood. This turnkey multiplex combines one fully renovated historic home with a quadplex featuring three new apartments on a single parcel, offering an ideal opportunity for investors, owner-occupants, or those seeking a multi-generational living arrangement. Encompassing approximately 3,658 square feet, this quadraplex includes four income-producing units with eight bedrooms, five bathrooms, and one separately metered one-car garage accessed from the exterior. Tenants enjoy four private parking spaces plus guest parking off Catherine Street. Each residence features its own private washer and dryer, creating a highly desirable, low-maintenance rental property designed to support premium rents. The property currently generates approximately $9,000 per month in gross rental income (approximately $108,000 annually), with a diversified unit mix that provides multiple income streams and strong rental demand. The front residence, originally built in 1950 and extensively renovated in 2018, offers three bedrooms, two bathrooms, and a flexible bonus room ideal for a home office, playroom, or guest suite. Additional features include a natural gas range, on-demand gas water heater, gas dryer, spacious primary bedroom, and walk-in closet. Behind the main home is a newly constructed building, completed in 2023, featuring three separate apartments with individual addresses (Units A, B, and C). The rear building includes a downstairs two-bedroom, one-bath apartment with a private fenced backyard, an upstairs fully furnished two-bedroom, one-bath apartment with soaring 12-foot ceilings, and an upstairs studio apartment, all finished with contemporary materials and designed for low-maintenance ownership. Whether you're searching for a high-performing multi-family home, an investment quadplex, a multiplex with excellent income potential, or a property suited for multi-generational living, this offering provides exceptional flexibility. Live in one unit while generating rental income from the others, or lease all four units for immediate cash flow and long-term appreciation. Located within walking distance of 903 Mills Market, Lake Davis, Greenwood Urban Park, Delaney Park, and Thornton Park, the property also offers convenient access to Orlando Health, the Dr. Phillips Center for the Performing Arts, the Kia Center, Inter&Co Stadium (Orlando City Soccer), and Downtown Orlando's premier dining, entertainment, and employment centers.

Property Details for 1505 CATHERINE STREET, ORLANDO, FL 32801

Bathrooms Full

6

Bathrooms Half

0

Interior Features

Ceiling Fan(s), Solid Surface Counters, Thermostat, Walk-In Closet(s), Window Treatments

Appliances

Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer

Flooring

Engineered Hardwood, Tile

Heating

Electric

Cooling

Central Air, Mini-Split Unit(s)

Furnished

Negotiable

Garage Spaces

1

Attached Garage

Yes

Pool Private

No

Property Condition

Completed

Direction Faces

South

Building Information for 1505 CATHERINE STREET, ORLANDO, FL 32801

Building Area Total

3636

Building Area Units

Square Feet

Association

No

Pets Allowed

Cats OK, Dogs OK

Property Information for 1505 CATHERINE STREET, ORLANDO, FL 32801

Lot Size Square Feet

9,910

Waterfront

No

View

No

Construction Materials

Concrete, Stucco

Roof

Shingle

Exterior Features

Private Mailbox, Sidewalk

Sewer

Public Sewer

Water Source

Public

New Construction

No

Public Records for 1505 CATHERINE STREET, ORLANDO, FL 32801

Parcel Number

362229439200270

Tax Annual Amount

$10,644

Tax Year

2024

Tax Legal Description

LAKE DAVIS HEIGHTS G/71 LOT 27

Zoning

R-2B/T/AN

County Or Parish

Orange

Schools Near 1505 CATHERINE STREET, ORLANDO, FL 32801

Elementary School

Blankner Elem

Middle School

Blankner School (K-8)

High School

Boone High

School assignments are provided by the listing and should be independently verified.

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